NBCUniversal's NBA Bid Sends Warner Bros. Discovery Shares Plummeting to Record Low
Warner Bros. Discovery shares plummet 10% as NBCUniversal bids $2.5 billion for NBA broadcast rights.
Games/Entertainment
Universal Music Group Reports Nearly 6% Q1 Revenue Growth After a New Deal With TikTok
The generated revenue of Universal Music Group rose nearly 6% during the first quarter of 2024.
Sony, Apollo Bid $26 Billion in Cash for Paramount Global Amid Company's Potential Skydance Merger
Sony and Apollo bid $26B in cash for Paramount Global amid potential Skydance merger. Competing with Skydance, the deal may reshape the entertainment industry landscape...
Taylor Swift, Drake, and Other UMG Artists Return to TikTok Following New Agreement on Licensing and AI
Universal Music Group (UMG) and TikTok have resolved their recent dispute through a new licensing agreement...
BTS Agency HYBE Posts Lower-Than-Expected Q1 Profit, Blames Artist Hiatus and Rookie Group Expenses
K-pop agency HYBE reported on Thursday a disappointing lower-than-expected profit for the first quarter of 2024...
From 'Pesta Sahabat' to 'Swish': RTV's Musical Theater Spectacle Returns
Indonesia's beloved children's musical theater series, formerly known ...
LinkedIn Enters The Gaming Industry With New Puzzle Games
LinkedIn has entered the gaming industry to boost user engagement and ...
Latest News
Austrian Modernist Gustav Klimt's 'Lost' Portrait Sells for €30M in Vienna Auction
A lost masterpiece by Austrian artist Gustav Klimt, titled "Portrait of Fräulein Lieser," recently sold for a remarkable €30 million ($32 million) at auction in Vienna.
KPOP Giant HYBE Initiates Audit Following CEO's Undisclosed Stake in NewJeans Label ADOR
Korean entertainment powerhouse HYBE launches an audit into subsidiary label ADOR, following CEO Min Hee-jin's 18% ownership disclosure.
Disney Tech Exec Aaron LaBerge Steps Down for Personal Reasons
Aaron LaBerge, the chief technology officer for Disney Entertainment and ESPN, is stepping down from his role at the company.
In the Era of Shrinkflation, Cinemark Sued for Allegedly Swindling Customers by Shortchanging Them on Beverages
Cinemark is allegedly duping its customers by offering 24-ounce drink cups that can only hold a maximum of 22 ounces, according to a proposed class-action suit filed in a Texas federal court.
Netflix to Stop Reporting Subscriber Numbers By 2025; Tells Wall Street to Just Focus on Profits
Netflix's decision to cease reporting quarterly subscriber numbers heralds a shift in focus towards financial metrics like revenue and free cash flow, indicating its evolution beyond the "streaming wa
CI Games, Developer of Lords of the Fallen, Reports Best-Ever Year With 400% Revenue Surge After 10% Job Cuts
Lord of the Fallen developer CI Games reports a record-breaking 400% surge in company profits, just after implementing a 10% job cut that it received criticism for earlier in the year.
Disneyland Cast Members Move One Step Closer to Unionizing as They File for Union Vote
Disneyland cast members who work in the shows, parades, and visitor meet-and-greets at the amusement park are getting closer to becoming a union.
TicketMaster Parent Live Nation to Face DOJ Antitrust Lawsuit Soon: Report
The US Department of Justice (DOJ) reportedly plans to sue Live Nation, the parent company of Ticketmaster, for federal antitrust violations.
How Does Jamari Jones Spark Collaboration in Entertainment?
To ensure effective collaboration, we must be highly adaptable, break down barriers between us, and ensure everyone is aligned in their efforts. This is particularly crucial in creative industries whe
